Bad news for richest 1% as luxury firms hike prices By: CNBC.com News May 12, 2014 at 10:40 AM EDT Luxury brands are mulling more inflation-busting price rises, in the face of strong foreign exchange headwinds and changing Chinese shopping habits. Read More >> Related Stocks: Burberry Group Plc ADR Lvmh Moet Henn ADR Ppr Sa ADR Prada Spa